A ledger in Tally ERP 9 is the actual account to which you post transactions. Ledgers are very important in accounting because without them you cannot record transactions, let alone extract trial balance or prepare financial statements. What are Ledgers? Just for beginners, when we said ledger, it means [...]
After learning how to create a company in Tally, the next important step to take is the Tally groups. This tutorial will teach you everything you need to know about groups in Tally ERP 9. What are Groups in Tally ERP 9 The end goal of Accounting and bookkeeping [...]
After downloading and installing Tally ERP 9 package, the next thing you are most likely to do is Company Creation. In this tutorial, you'll learn the step by step guide on how to create company in Tally ERP 9.
Every business needs to place its accounting and finances at a level of priority. That’s why all businesses need to keep accurate accounts. If the information is entered wrongly, especially with a computer software, then the accounts will definitely go wrong. Remember the GIGO rule: put garbage in and [...]
In order to start using Tally ERP 9, you need to, first of all, do two things: Download Tally ERP 9 software and install it on your computer. You have several options to download and install this software, but I’ll show you my favorite– the simplest option. Just follow [...]
The VLOOKUP function is one of the two most popular lookup functions in Microsoft Excel. Almost all serious spreadsheets can barely survive without this function in action. You should already know by now, how important this function is in the life of a spreadsheet user. As important as it [...]